World Bank: Arab diaspora willing to invest in countries of origin
A survey by the World Bank made available on Tuesday 28 March shows that diaspora can be an important driver...
Finance
Egypt receives $4.3 billion net FDI during the first half of 2016/2017
Egypt has managed to attract net foreign direct investments (FDI) of $4.3bn during the first half of fiscal year (FY)...
Qatar pledges $6.23 billion investment in the UK over the next five years in a boost for post-Brexit Britain
Qatar has vowed to invest £5billion in Britain within five years in a boost for the post-Brexit economy. Speaking...
The European Bank targets 1 billion euros investments in Egypt
The European Bank for Reconstruction and Development expects to invest about 1 billion euros ($1.1 billion) in Egypt this year,...
World bank disburses another $1 billion loan to Egypt
The world bank has disbursed a further $1 billion in financial assistance to Egypt out of its $3 billion loan...
Egyptian remittances increase by 19.7% to $5 billion after floatation
Remittances from Egyptian citizens working abroad rose by 23% in January to US$1.6 billion, compared to US$1.3 billion in January...
Improvement in business confidence after floating the pound in Egypt
Economic activity for Egypt’s non-oil private sector accelerated the most since 2014, a sign that growth may be recovering after...
France to encourage banks to work with Iran
France wants to encourage the "normalization" of banking relations with Iran to improve economic relations with the Islamic republic, French...
Economic delegation discusses increasing German investments in Cairo
Minister of Investment and International Cooperation Sahar Nasr said that the government reached an agreement with the German chancellor’s G8...
Egypt has become attractive for foreign investment: US ambassador
US ambassador to Cairo Stephen Beecroft said the new US administration is doing its best to seek cooperation with Egypt...
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